China’s Foreign Trade: The Role of Foreign and Domestic Sectors

The article shows the decrease in the share of the foreign sector in China’s trade turnover on average for 2018–2023. The share of Chinese foreign sector by type of enterprises (foreign-invested enterprises) was 37%, and according to the customs regimes (processing trade) – 23%. It was established that the share of processing trade was less than half of the foreign-invested enterprises trade. At the same time, the foreign sector continues to be one of the main sources of high-tech exports from China. It is shown that ordinary trade has become dominant in almost all product groups of Chinese exports, and the growth of foreign trade was ensured by private enterprises in the domestic sector of China. It is shown that the Chinese domestic sector increases the number of countries exporting its goods, while the export basket becomes more complex.